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LEAD: BOJ further downgrades view of economy.

Publication: Japan Weekly Monitor
Publication Date: 23-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 18 Kyodo

(EDS: ADDING MORE INFO)

The Bank of Japan (BOJ) on Monday downgraded its already gloomy assessment of Japan's economy, citing weak production in the wake of a drop in exports.

''Adjustments in economic activities are gradually intensifying, as production is declining substantially, reflecting a fall in exports,'' the central bank said in a monthly report on economic and financial developments.

The previous report...

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